AXS

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0003%/8h= +0.3% APRnext payment +$0.01 per $10,000 · paid last 24h +0.016%

Price spread now: MEXC against Orderly+0.038%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Orderly Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.038% dearer against Orderly than usual: you sell high and buy low, +$4 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_AXS_USDC	1.0660	0.0097	pay 0.0049% / 4h	1h 34m	$3K	—	10x
Short	MEXC AXS_USDT	1.0664	0.0100	get 0.0050% / 4h	1h 34m	$11.5M	$686K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against Orderly. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee OrderlybpFee MEXCbpOrdersPrice spread, now +0.038%Rate

Funding earned: $0.62
Price spread: +0.038% → 0.000%: $3.75
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$5.63
Costs to cover: 0.100%
Break-even: 70.8 days

Slippage unknown: Orderly: no order-book sample; MEXC: live order book, 4 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Orderly no order-book sample	—	—	—	—	—
Sell MEXC live order book, 4 min ago	0.47 bp	4.1 bp −$4	36.0 bp −$360	59.8 bp −$5,977	104.1 bp −$52.0K

Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

AXS on 20 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective AXS/USDC PERP	−0.1014%	1h	1.0580	−0.750%	$1K	$48K	5.5x	as long as short
Orderly PERP_AXS_USDClong	+0.0097%	4h	1.0660	long leg	$3K	—	10x
Hyperliquid AXS	+0.0100%	1h	1.0679	+0.176%	$263K	$700K	5x	as long as short
Aster AXSUSDT	+0.0100%	4h	1.0668	+0.074%	$72K	$18K	10x	as long as short
Binance AXSUSDT	+0.0100%	4h	1.0664	+0.037%	$6.0M	$10.8M	75x	as long as short
Bybit AXSUSDT	+0.0100%	8h	1.0666	+0.056%	$3.7M	$4.3M	75x	as long as short
OKX AXS-USDT-SWAP	+0.0100%	4h	1.0664	+0.038%	$1.4M	$3.0M	20x	as long as short
Gate AXS_USDT	+0.0100%	8h	1.0669	+0.084%	$845K	$630K	50x	as long as short
MEXC AXS_USDTshort	+0.0100%	4h	1.0664	+0.038%	$11.5M	$686K	50x
KuCoin AXSUSDTM	+0.0100%	4h	1.0670	+0.094%	$585K	$289K	50x	as long as short

Show all 20 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget AXSUSDT	+0.0100%	4h	1.0660	0.000%	$3.1M	$1.2M	50x	as long as short
BingX AXS-USDT	+0.0100%	4h	1.0670	+0.094%	—	$2.6M	—	as long as short
Variational Omni AXS	+0.0100%	8h	1.0668	+0.076%	$36K	$953	—	as long as short
GRVT AXS_USDT_Perp	+0.0100%	4h	1.0675	+0.138%	$765K	$892K	10x	as long as short
SunX AXS-USDT	+0.0100%	4h	1.0661	+0.009%	$1K	$1.4M	20x	as long as short
SoDEX AXS-USD	+0.0100%	1h	1.0663	+0.028%	$765	$3K	5x	as long as short
Extended AXS-USD	+0.0104%	1h	1.0662	+0.021%	$7K	$230K	10x	as long as short
BloFin AXS-USDT	+0.0124%	4h	1.0663	+0.028%	$280K	$30K	75x	as long as short
Lighter AXS	+0.0216%	1h	1.0694	+0.319%	$36K	$39K	5x	as long as short
Kraken Futures PF_AXSUSD	+0.0380%	1h	1.0680	+0.183%	$140K	$354K	20x	as long as short